Bulwark Takes

Just days before Kalshi parted ways with Donald Trump Jr., Catherine Rampell sat down with CEO Tarek Mansour for a wide-ranging conversation about the booming prediction market industry. They discuss why Kalshi hired the president’s son, the risks of insider trading and election manipulation, whether political betting is really different from gambling, and the legal battles that could determine the industry’s future.
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MAGA’s next generation is turning against Trump, and the fight over the Republican Party’s future is getting ugly. Andrew Egger and Will Sommer examine the revolt among young Republicans, Nick Fuentes’s growing influence, JD Vance’s uncertain political future, and the increasingly bitter struggle between MAGA radicals and the old Republican establishment. With Trump’s grip on the party weakening, could the entire MAGA movement collapse before its would-be successors can take control?
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NVIDIA CEO Jensen Huang is out following revelations about his relationship with a suspected Chinese spy, and the fallout could reach all the way to Donald Trump’s White House. Bill Kristol and Andrew Egger examine the national security warnings Trump reportedly ignored, the growing pressure on Commerce Secretary Howard Lutnick, and why this scandal could be just getting started. Plus, Trump appears to sideline JD Vance over Iran, his Justice Department escalates its threats against Democrats, and a stunning Senate victory in Mississippi redraws the political map.
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Trump says his immigration crackdown went too far, but the horrors continue. Tim Miller shares two disturbing stories: a seven-year-old girl locked in an ICE detention center despite her family entering the country legally, and a beloved nurse and professor who was shipped across the country and whose lawyers can’t even confirm her whereabouts. Tim examines the cruelty, the financial incentives behind mass detention, and why Democrats must keep the pressure on the administration.
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The White House is threatening criminal charges against Democrats for investigating the Trump administration. But does it have any legal basis? Catherine Rampell and former Obama DOJ official Elliot Williams to explain why the threat is largely empty, how the Constitution protects congressional oversight, and what happens when Democrats take control of the House. They also discuss the legal and political risks of the coming investigations, how the Trump administration could use DOJ investigations and lawsuits to slow Democrats down, and why incoming Oversight Chair Robert Garcia’s talk of political pettiness could undermine the very accountability Democrats are promising to deliver.
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